THAILAND: Government hikes tax on spirits but spares wine and beer - report

Thailand has raised taxes on spirits but spared wine and beer from further increases, according to local reports.

The new excise tax, announed on Tuesday (21 August), increases the price of a litre of rice whiskey from THB120 (US$3.84) to THB150 and a litre of blended spirit from THB300 to THB350, the Bangkok Post reported.

The tax on brandy increased to 50% from 48%, the paper said. Wine and beer already hold a 50% excise tax, the maximum allowed, it said.

Taxes on cigarettes also increased, to 87%. Government ministers said the so-called “sin tax” will help deter from smoking and drinking, the Post reported.

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